Wednesday, 23 July 2025 »  Login
in
»
I am at

HC Rejects Raju's Bail Plea

The Andhra Pradesh High Court on Tuesday dismissed the bail petitions of B Ramalinga Raju and 7 other accused in the multi-crore Satyam Computers scam.
Hyderabad | 30th August 2011
The Andhra Pradesh High Court on Tuesday dismissed the bail petitions of B Ramalinga Raju and 7 other accused in the multi-crore Satyam Computers scam.

Justice Samudrala Govindarajulu, who heard the arguments on the bail petitions on 27 August, dismissed all the bail applications.

It was for the 4th time in August alone that the different courts have denied bail to Raju and the other accused in the Satyam scam.

Earlier, of the 10 accused in the case, B Suryanarayana Raju, who is Raju's brother, and T Srinivas, a former auditor of Pricewaterhouse Coopers, had been granted bail by different courts.

Besides Raju, Satyam's former MD B Rama Raju, ex-CFO Srinivas Vadlamani, former employees G Ramakrishna, D Venkatapathi Raju and Ch. Srisailam, former PWC auditor Subramani Gopalakrishnan and Satyam's former internal chief auditor V S Prabhakar Gupta, are currently lodged in Chanchalguda Central Prison in the city.

The accused had sought bail on the grounds that the trial in the Satyam scam was not completed within the Supreme Court's stipulated deadline of 31 July, and that all the prosecution witnesses were examined.

Earlier, cancelling Raju's bail in October last year, the Supreme Court had stated that the accused could file another bail application only after 31 July 2011, if the trial in the case was not completed in the local court.

Sources close to Raju said he and the other accused may now approach the Supreme Court for bail. (INN)
filed in:  Cheating, Ramalinga Raju, Andhra Pradesh High Court, Scams, Business Crimes
COMMENTS
Be the first to comment on HC Rejects Raju's Bail Plea! Just use the simple form below.
LEAVE A COMMENT
fullhyd.com has 700,000+ monthly visits. Tell Hyderabad what you feel about HC Rejects Raju's Bail Plea!
[no link to your name will appear, overriding global settings]
To preserve integrity, fullhyd.com allows ratings/comments only with a valid email. Your comments will be accepted once you give your email, and will be deleted if the email is not authenticated within 24 hours.
My name:

Dissatisfied with the results? Report a problem or error, or add a listing.
ADVERTISEMENT
SHOUTBOX!
{{todo.name}}
{{todo.date}}
[
]
{{ todo.summary }}... expand »
{{ todo.text }} « collapse
First  |  Prev  |   1   2  3  {{current_page-1}}  {{current_page}}  {{current_page+1}}  {{last_page-2}}  {{last_page-1}}  {{last_page}}   |  Next  |  Last
{{todos[0].name}}

{{todos[0].text}}

ADVERTISEMENT
This page was tagged for
hyderabad August 2011 News
Cheating news
Ramalinga Raju updates
Follow fullhyd.com on
Copyright © 2023 LRR Technologies (Hyderabad) Pvt Ltd. All rights reserved. fullhyd and fullhyderabad are registered trademarks of LRR Technologies (Hyderabad) Pvt Ltd. The textual, graphic, audio and audiovisual material in this site is protected by copyright law. You may not copy, distribute or use this material except as necessary for your personal, non-commercial use. Any trademarks are the properties of their respective owners.